SCHEDULES
F1C3C4SCHEDULE 7A Non-Domestic Rating: 1990-95
Sch. 7A restricted by S.I. 1990/608, reg. 5(2)
Sch. 7A modified by S.I. 1990/608, regs. 2(4), 4(7), 6(1), 8, 9, 11(2), 15(2) and by S.I. 1990/2329, reg. 5(1)
Sch. 7A modified (13.1.1992) by S.I. 1991/2906, reg.4
Sch. 7A modified (1.4.1992) by S.I. 1992/559, reg. 2(2)
Definitions
C14
1
The base liability for a hereditament for each day in the financial year beginning in 1990 shall be found by applying the formula—
2
A is the rateable value of the hereditament, as determined under paragraph 6 below.
C23
B is the general rate poundage effective for 31 March 1990 for the rating area (within the meaning of the 1967 Act) in which the hereditament is situated.
4
C is the number of days in the financial year beginning in 1989.
5
The base liability for a hereditament for each day in a relevant year (the year concerned) other than the financial year beginning in 1990 shall be found by applying the formula—
6
Relevant years are financial years falling in the transitional period.
7
BL is the base liability for the hereditament for each day in the financial year immediately preceding the year concerned.
8
AF is the appropriate fraction for the hereditament for each day in the financial year immediately preceding the year concerned.
Sch. 7A inserted by Local Government and Housing Act 1989 (c. 42, SIF 81:1), s. 139, Sch. 5 para. 40